Do not buy between the 9:30-1pm timeframe. Use that to establish trend for the subsequent day. Think about the trend for the week so tuesdays are good days to buy. Four continuous weeks of rises are not sustainable
Week of July 27th, 2020 focus will be on the following:
Primary
- INTC – this position is only for this week and very short term so get out this week.
- CHWY – look for a support above $45 and a bounce from that price to remain in it.
Secondary
- Safeguard TGT profits
- Keep an eye on DG that it doesn’t fall below 10 day MA